The last trading week was more in the interest rate area. At the end of the week, we also saw an escalation of the Iran-Israel war. Join us in recapping it all together to get you ready for the new trading week.
NZD
The Reserve Bank of New Zealand also left rates unchanged on Wednesday, as expected. The committee said rates will have to remain at higher levels for longer. Inflation expectations remain elevated. The central bank did not deliver any new surprises, but the NZD strengthened on the formulation that rates should remain higher for longer.
What's in store for us this week?
Monday: Swiss PPI (CHF), US retail sales (USD)
Tuesday: UK unemployment rate (GBP), Canadian inflation rate (CAD), Fed President J. Powell's speech (USD)
Sources:
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Polish